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Housing cycle on a plateau

Monday 26th of January 2004
The median house price fell in December in a move which some might see as a bit of heat going out of the housing market but which is more likely due to a rogue figure in Wellington as a result of the holiday slowdown.

Certainly, activity fell in all but one region, Hawkes Bay, compared with November, according to the latest Real Estate Institute figures. Compared with December 2002, act...
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